Forget Rivian's Revenue and EPS: This Is the Q3 Number Investors Need to Watch.

Rivian's Q3 earnings will be crucial for investors to monitor automotive gross profit rather than traditional metrics like revenue and EPS. The company's automotive segment has improved by $299 million over the past year despite remaining unprofitable, with R2 production ramping up and additional shifts being added. However, declining regulatory credit revenue and high launch costs present challenges to achieving profitability in the near term.